XRP fell 3.43% in 24 hours to $0.969 and lost 17% over the week after ten consecutive declining sessions. According to CoinGlass, long liquidations reached $43.17 million, accounting for about 91% of the total, while open interest declined 5.53% to $2.03 billion. Negative funding of -0.0082% also signals bearish sentiment, with short sellers paying long holders to maintain their positions. The $17 billion contraction in stablecoin supply over the past month has weakened market-wide buying power, although oversold RSI levels create the possibility of a relief rally toward $1.25 and $1.30.
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